“We are progressive in every sense of the word”
Founded in 2005 by the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties continues this unique ambition through a focused attention to the future as well as meticulous attention to every detail.
Distinguished by excellence, contemporary design and proximity to nature, we create enduring lifestyles in the shape of communities for the people of tomorrow.
We continue to play a pivotal role in modelling the future. As a visionary business, we are driven by a passion for people and setting a greater standard of living.
This ambition can be seen and felt in every one of our developments. We have not only innovated some of the country’s most iconic architecture, we have also built a reputation for superior quality in beautifully-managed, people-focused projects.
We are progressive in every sense of the word. That’s why our name has become synonymous with the emirate’s and the country’s rapid growth. What sets us apart is our belief that with progression comes responsibility.
And that responsibility extends to every aspect of our country’s future: people, economy and nature.
Sustainability, design and the management of people’s expectation is no small feat, but one we have embraced with open arms. This sentiment is reflected in the proven excellence we continue to show in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels.
We are a trusted partner for foreign investors looking to launch state-of-the-art projects, including luxurious hotels, resorts and malls. We have sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was oversubscribed by almost 57 times.
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Mr. Abdulaziz Abdullah Al Zaabi
Chairman
Mr. Abdulaziz Abdullah Al Zaabi
Chairman
Al Zaabi is a member of the Federal National Council, and has extensive 30 years experience in the business management field and real estate and banking sectors. He has been a member of the board of directors of various companies in the UAE. Al Za’abi holds a Bachelor’s Degree in International Business Management from St. Jose in California, United States of America, 1987.
Mr. Mohammad Ahmad Ruqait
Vice Chairman
Mr. Mohammad Ahmad Ruqait
Vice Chairman
Ruqait has wide experience in the field of trade business projects. He is also a former member of the Federal National Council. Currently, he holds several leading positions, and he serves as the Chairman of the board of directors of Al-Ali Construction and Development Company. Ruqait graduated from the British Royal Naval College.
Sheikh Ahmed Omar Al Qassimi
Director
Sheikh Ahmed Omar Al Qassimi
Director
Al Qassimi has six years’ experience in managing a high profile group company and he currently serves as the Director of OMEST Group. One of his roles as Director is to create a long-term strategy to attract industrial investment. Al Qassimi has held various leadership positions, including the Business Development Manager of OMEST Group from 2011 to 2013. He holds a Master’s Degree in Business Administration (General Management) from the Canadian University of Dubai and a Bachelor’s Degree in e-Business Management.
Mr. Mohamed Ali Abdulla Musabbeh Al Nuaimi
Director
Mr. Mohamed Ali Abdulla Musabbeh Al Nuaimi
Director
Mohamed Al Nuaimi holds several leading positions, and sits as Chairman of Ras Al Khaimah Chamber of Commerce, Board Member of Commercial Bank International CBI, and also holds the position of Chief Executive Officer at Mawarid Finance.
Al Nuaimi holds extensive 30 years professional experience in the financial industry. Al Nuaimi graduated from a USA university with a Master’s in Business Administration,
Mr. Abdullah Rashed Jasem Al Abdouli
Director
Mr. Abdullah Rashed Jasem Al Abdouli
Director
Al Abdouli has more than 10 years of experience in the construction industry in both the private and public sectors. Currently, Al Abdouli serves as CEO for Marjan; Vice Chairman and Managing Director for Ras Al Khaimah Dredging; Chairman of RAK AMI Hotel; and Board Director and General Manager of Saraya Ras Al Khaimah.
He holds a Masters in Regional & Urban Planning from the Paris Sorbonne University in Abu Dhabi, a degree from the American University of Sharjah, and a certificate in Real Estate Investment Strategies from Harvard University.
Mr. Mohamed Ghobash Ahmed Ghobash
Director
Mr. Mohamed Ghobash Ahmed Ghobash
Director
Mohammed Ghobash is a member of the Board of Directors of the United Fidelity Insurance Company. He has more than 20 years of experience in senior management positions in the field of private banking, insurance, and financial advisory.
Mr. Yasser Abdullah Mohammed Saeed Al-Ahmad
Director
Mr. Yasser Abdullah Mohammed Saeed Al-Ahmad
Director
Al-Ahmad has more than 26 years of experience in the banking and finance industry. Currently, he serves as Head of the Governmental and Institutional Communication Sector in the Ras Al Khaimah Economic Zones Authority. He holds a Bachelor of Arts degree from Beirut Arab University.
Sameh Al Muhtadi
Chief Executive Officer
Sameh Al Muhtadi
Chief Executive Officer
Mr. Sameh is a real estate industry veteran with a proven track record in the real estate field. He is renowned within the industry for his expertise and entrepreneurial skills, market insights, customer focus, and robust corporate governance, bringing with him extensive international prime real estate and operational experience from Asia, Middle East and the United States.
Al Muhtadi will lead the company to formulate and achieve its strategy, and carry on with the vision and mission of the company. He will also oversee a high level of communication throughout the company, with stakeholders, and with the Board to ensure that strategic objectives are attained.
Al Muhtadi holds a Master of Science Degree in Engineering and Industrial Management from George Washington University in Washington D.C, United States of America, as well as a Bachelor in Civil Engineering Degree from Enfield College in London, England.
Mr. Mohammed Al Tair
Chief Operating Officer
Mr. Mohammed Al Tair
Chief Operating Officer
Mr. Mohammed Al Tair is the Chief Operating Officer of RAK Properties; he joined the company in 2008 and has played a key role in business development perspective, development of project marketing plans and personal participation in various projects developed by RAK Properties. Mr. Al Tair is a hands-on person who works closely with the operational team ensuring that all RAK Properties projects are completed and delivered on time.
Mr. Al Tair oversees the day to day operations and participates in the planning and formulation of conceptual design alternatives and solutions. He also works with various governmental authorities to ensure the timely receipt of approvals to support RAK Properties project.
Mr. Al Tair holds a Bachelor of Science in Civil Engineering and a Master in Business Administration.
Ras Al Khaimah, the most northerly of UAE’s seven emirates has become a destination of choice for tourists from the other emirates as well as international travellers and investors. Divided by a body of water called “Khour Ras Al Khaimah” the emirate is separated into a western region known as “Old Ras Al Khaimah” and an eastern region called “Al Nakheel”.
A sophisticated city that has contributed significantly to the formation of the UAE is the fourth largest emirate in terms of area and population. It is about 2,478 square kilometres and this area is 3.16% of the total area of the United Arab Emirates. Ras Al Khaimah is distinct in its culture, geography and natural location. Its coast is relatively long, making it a center for maritime and commercial activities across the continent for centuries; it has good mountain ranges bordering Oman, in addition to an area of desert, agricultural meadow areas and excavation sites dating back to the 3rd millennium.
Among the United Arab Emirates, Ras Al Khaimah has a unique heritage which has a full and clear historical background in its archaeology. It contains a combination of four types of terrain: rich plain; the mountains; coastal zone and the desert environment. The interaction between these different regions and the individual lifestyle from Ras Al Khamiah’s heritage makes it the important and populated area that it is.
Only 45 minutes from Dubai International Airport, Ras Al Khaimah, along with its rich Emirati heritage and warm Arabic hospitality is brimming with five-star hotels, international cuisine options, spas and theme parks. With its economy established as one of the most rapid growing in the area, the emirate is also focused on enhancing quality of life and living, improving energy and security, supporting social integrity, appreciating individual’s participation in all aspects of life.
Ras Al Khaimah is increasingly becoming a destination of choice for travellers as it is developing into an international hub for tourism and culture and is also home to numerous fascinating tourist landmarks, beautiful wildlife conservations and sanctuaries, and as of recent, golf, which has become one of the leading tourist attractions within the emirate.
Ranked as one of the Top 10 Small and Mid-sized Global Cities of the Future [Financial Times’ fDi Magazine], Ras Al Khaimah’s diverse economy has been instrumental in keeping the emirate on course in fulfilling its continued growth and objectives. The emirate’s own GDP continues to expand, driven by construction, building and manufacturing, infrastructure development, technology. 5-star hotels and some of the country’s best and most notable restaurants, entertainment centres, theme parks and lifestyle options can be now found in the emirate.
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